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About This Home

This 2-bedroom, 1-bathroom single family at 515 W Allen Street in Bloomington, IN is listed for $246,500 ($283 per sqft). Built in 1928, the home offers 872 sqft of living space on a 0.18 acres lot.

Agent Description

If you've been looking for a renovated two bedroom bungalow with a great backyard and off-street parking, look no further! This McDoel Gardens cutie has been lovingly refurbished and used as an Airbnb for short term rentals. With this premium location a buyer could use this as an owner-occupied home, a long-term rental, or an Airbnb.

Located only one mile from downtown restaurants, bars, and shopping and 1.7 miles from IU's Sample Gates, this property is hard to beat! The sellers are offering this property fully furnished and equipped with everything needed for a turnkey move-in! Walk to Hopscotch Coffee and Cardinal Spirits for a taste of some local favorites and enjoy the B-Line trail for biking, jogging, or leisurely strolls.

The full basement is dry and offers lots of potential for an additional hangout space, workout or hobby room, and loads of storage! If you don't schedule a showing soon, you'll be sad you didn't! NOTE: Property taxes will be roughly half if new buyer files a Homestead exemption.

Key Features

  • Built in 1928
  • 0.18 acre lot

Property Details

1 story
1 full
1928

Amenities

Basement

Monthly Cost Estimate

$1,318/mo

20% down · 6.5% · 30 years

Principal$178
Interest$1,068
Insurance$72

Estimates only. Actual payments may vary.

Location

515 W Allen Street

Bloomington, IN 47403

McDoel Gardens

Features & Amenities

Interior Features

Cable AvailableCable ReadyCountertops-laminateDeck OpenPorch CoveredDishwasherRefrigeratorWindow TreatmentsRange-gasSump PumpWater Heater Gas

Exterior Features

SidewalksNoneShed

Property Details

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

DryerMicrowaveOven - Gas

Questions & Answers

This 2-bedroom, 1-bathroom single family at 515 W Allen Street is listed at $246,500 ($283/sqft). The estimated monthly payment is $1,068 based on 20% down at 6.5% interest.

Key features include: Built in 1928, 0.18 acre lot. Interior Features: Cable Available, Cable Ready, Countertops-laminate. Exterior Features: Sidewalks, None, Shed.

This property is listed by Melissa Murphy and can be reached at 8123276162 or melissa.murphy@homefinder.org.

MM

Melissa Murphy

Agent at Century 21 Scheetz - Bloomington

(812) 327-6162

Listed by Century 21 Scheetz - Bloomington · View on Broker Site

MLS# 202539984· Source: listhub· Updated 190 days ago

Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

515 W Allen Street, Bloomington, IN 47403

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